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DXY last 97.14, virtually unch. on the.......>

DOLLAR
DOLLAR: DXY last 97.14, virtually unch. on the day, after adding 42 pips
yesterday, as USD outperformed the majority of its G10 peers, excluding NZD.
Worth noting yesterday U.S. Sen. Marco Rubio outlined plans to tax stock
buybacks similarly to dividends, which weighed on U.S. equities. 
- Focus remains on the ongoing border security saga in the U.S. A recent ABC
report suggested that "Trump would refuse to sign any agreement that includes
contractor back pay," citing a Republican Senator. 
- Also worth mentioning yesterday saw some U.S. data releases. Headline U.S. CPI
came in flat vs. +0.1% M/M consensus, while core CPI matched exp. of +0.2% M/M.
The latest round of wage data topped exp. 
- DXY bulls target 97.26, where the dollar index peaked yesterday, before
challenging the upper 1.0% 10-DMA envelope at 97.47, while bears look for a
breach of the 97.00 mark before targeting the 50-DMA/100-DMA at 96.37/35. 
- U.S. focus today turns to domestic retail sales, initial jobless claims & PPI
data, as well as comments from Fed's Harker. Sino-U.S. trade negotiations (with
top-level talks commencing later today) will also be closely watched.

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